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VOC Spice Monopoly
Around 1641 the VOC used military conquest and trade controls to establish a near-monopoly on nutmeg, cloves and other spices in the Moluccas, tying …
Timeline
- 1641Banda Islands · MoluccasVOC forces captured the main Banda Islands, expelling or executing local chiefs and destroying rival plantations, bringing nutmeg and mace production under direct company control.
- 1643–1650Ambon · MoluccasThe company consolidated its planting and purchasing monopoly in major clove areas like Ambon, using fixed purchase prices, restrictions on private trade and naval patrols to ship spices via Batavia to Amsterdam and European markets.
Sources
- The Dutch East India Company: The History of the World's First Multinational Corporation — Charles River Editors (2017)
- Vermeer's Hat: The Seventeenth Century and the Dawn of the Global World — Timothy Brook (2008)